An incubator supporting Australian start-ups and another dedicated to commercialising medical devices produced by start-ups will receive a total of $1 million in funding from the Australian Government to progress their work.
A detection system to keep prawns safe from pests, a smarter smaller wind turbine and wearable tech that can screen for gut disorders are some of the emerging technologies that will be fast-tracked though the next round of Australia’s national sci-tech accelerator, ‘ON, powered by CSIRO’.
Better barramundi breeding, disease resistant bananas, a portable brain scanner for early stroke detection and a process to turn waste plastics into spectacle frames are amongst 15 highly diverse industry-led projects to receive a $33 million investment from the Australian Government.
There are more than 10,000 high-growth firms in Australia at any given time and these firms make a disproportionate contribution to the country’s jobs and growth, according to an Australian Government report released today.
A business using drones to measure crop health and a company making website security solutions are among eight innovative Australian businesses being offered more than $3 million in Government funding to help get their ideas to market.